Bond County, Illinois Income Statistics
Bond County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Bond County Below averageLess wealthy than 71% of counties in Illinois
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bond County | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,347 | $84,042 | $80,455 |
| Median Personal Income | $49,842 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.0% | 4.5% | 4.8% |
| Six-Figure Earners | 7.3% | 15.0% | 13.9% |
| $200k+ Households | 5.5% | 13.8% | 13.2% |
The median household income in Bond County is about 20% lower than in Illinois. Income has been growing slower in Bond County (3.0%/yr) than in Illinois (4.5%/yr).
About 7% of adults in Bond County earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bond County, Illinois grew by 42.3% from 2009 to 2024, reaching $67,347 in 2024. That's an average of about 3.0% per year.
Income Inequality and the Gender Pay Gap in Bond County
| Metric | Bond County | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.572 | 0.547 | 0.552 |
| Male Median Income | $61,614 | $73,933 | $69,667 |
| Female Median Income | $47,271 | $60,067 | $56,850 |
| Gender Pay Gap | 23.3% | 18.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Bond County, it is 0.572, higher than Illinois's 0.547, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 30% more than women's income in Bond County, Illinois. Over a 35-year career, a 30% wage gap accumulates to roughly $502,005 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bond County, Illinois has narrowed from about 37% to 23% in 2024. Over that period the gap was widest at 39% in 2011, and was narrowest at 23% in 2022. In dollar terms, the gap has narrowed by $4,034 since 2009.
Employment
| Metric | Bond County | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 5.8% | 5.2% |
| Working from Home | 8.2% | 15.9% | 15.0% |
| Commute time (minutes) | 17 | 23 | 22 |
Approximately 341 people are unemployed in Bond County, Illinois.
The average commute time in Bond County is 17 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bond County, Illinois has fallen from 9.3% to 4.5% in 2024. Over that period the rate peaked at 9.6% in 2012 and fell as low as 2.6% in 2020.
Bond County, IL Wealth Compared With Nearby Counties
Bond County, IL is the 5th largest of the 6 counties compared here, 16,715 residents against a local median of 27,942. The measure that sets Bond County, IL apart most is income growth: 3.0%/yr, 25% below the local median of 4.0%/yr. That is the weaker end of the local range on this measure.
The counties themselves spread 0.7%/yr on income growth, so Bond County, IL sits at one end of an already wide local range rather than apart from it. Bond County, IL has the 6th highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Bond County, IL | 16,715 | $67,347 #4/6 | 3.0%/yr #6/6 | 4.5% #4/6 | 0.572 #6/6 |
| Clinton County, IL | 36,954 | $86,530 | 3.7%/yr | 3.4% | 0.517 |
| Montgomery County, IL | 27,942 | $63,489 | 4.4%/yr | 4.7% | 0.557 |
| Fayette County, IL | 21,314 | $60,976 | 4.0%/yr | 3.8% | 0.545 |
| Madison County, IL | 264,024 | $75,869 | 4.0%/yr | 4.6% | 0.523 |
| Washington County, IL | 13,623 | $76,775 | 4.2%/yr | 4.3% | 0.490 |
Conclusion
Considering all these factors, Bond County, Illinois has an overall wealth index grade of C, making it somewhat worse than Illinois, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bond County, Illinois.
How Rich Is Bond County, Illinois?
Bond County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,347, about 20% lower than the Illinois average of $84,042.
Are incomes growing in Bond County, Illinois?
Between 2009 and 2024, the median household income in Bond County, Illinois rose 42%, from $47,336 to $67,347. Over the same years, income here lagged behind Illinois as a whole: +42% against +52%.
What was the median household income in Bond County in 2023?
In 2023, the median household income in Bond County, Illinois was $61,572, up 4% from $58,934 in 2022. The Illinois median that year was $82,182.
What was the median household income in Bond County in 2020?
In 2020, the median household income in Bond County, Illinois was $54,755. By 2024 it had risen 23% to $67,347.
How strong is the job market in Bond County, Illinois?
Unemployment in Bond County, Illinois is only 4.5%, well below the Illinois rate of 5.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Bond County, Illinois?
The Gini coefficient in Bond County is 0.572. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Bond County, Illinois?
Since 2009, the income gap between men and women in Bond County, Illinois has narrowed from about 37% to 23% in 2024. Over that period the gap was widest at 39% in 2011, and was narrowest at 23% in 2022. In dollar terms, the gap has narrowed by $4,034 since 2009.
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